Announcement of Launch of Bookbuild
13th Jun 2025 16:42
Greatland Resources Limited
W: https://greatland.com.au
: x.com/greatlandgold
NEWS RELEASE | 13 June 2025
Greatland Resources Limited - Announcement of Launch of Bookbuild
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO OR WITHIN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Greatland Resources Limited (Greatland Resources or the Company) is pleased to announce that, pursuant to the replacement prospectus published on 30 May 2025 in connection with the ASX listing (Prospectus), the Company has today launched a bookbuild for the Offer (as defined in the Prospectus), comprising:
· a non-pre-emptive placing of new ordinary shares in the Company to raise gross proceeds of up to AUD50m (Australian Primary Offer); and
· the sale of up to 66,729,557 ordinary shares in the Company, representing half of the ordinary shares that Newmont NOL Pty Limited (a subsidiary of Newmont Corporation) (Newmont) will be issued under the scheme of arrangement under Part 26 of the UK Companies Act 2006 pursuant to which Greatland Resources will become the holding company of Greatland Gold plc (Australian Secondary Offer, which together with the Australian Primary Offer, the Australian Offering).
The Australian Secondary Offer is made by Bright SaleCo Limited (SaleCo), a special purpose vehicle incorporated to enable the potential Secondary Offer. No general offering is being made to the public in Australia. The Australian Offering is being made to (i) institutional investors in Australia, New Zealand and certain other eligible jurisdictions; and (ii) to Australian resident retail clients of participating brokers.
The bookbuild for the Australian Offering is expected to close on Monday, 16 June 2025, prior to the opening of the AIM market in London.
UK Retail Offer
As announced by the Company on 2 June 2025, the Company is also conducting a separate offer made by the Company via the RetailBook platform to raise gross proceeds of up to 8 million euros to provide retail investors in the United Kingdom with an opportunity to subscribe for new ordinary shares in the Company at the final offer price determined through the bookbuild. The Joint Lead Managers and Co-Managers are not acting for the Company with respect to the UK Retail Offer.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | Rowan Krasnoff, Chief Development Officer
Nominated Advisor
SPARK Advisory Partners
Andrew Emmott / James Keeshan / Neil Baldwin | +44 203 368 3550
Corporate Brokers
Canaccord Genuity | James Asensio / George Grainger | +44 207 523 8000
SI Capital Limited | Nick Emerson / Sam Lomanto | +44 148 341 3500
Media Relations
Australia - Fivemark Partners | Michael Vaughan | +61 422 602 720
UK - Gracechurch Group | Harry Chathli / Alexis Gore / Henry Gamble | +44 204 582 3500
About Greatland
Greatland is a gold and copper mining company listed on the London Stock Exchange's AIM Market (LSE:GGP) and operates its business from Western Australia.
The Greatland portfolio includes the 100% owned Telfer gold-copper operating mine, the adjacent 100% owned brownfield world-class Havieron gold-copper development project, and a significant exploration portfolio within the surrounding region. The combination of Telfer and Havieron provides for a substantial and long life gold-copper operation in the Paterson Province in the East Pilbara region of Western Australia.
Greatland is targeting a cross listing on the ASX in June 2025.
IMPORTANT NOTICES
Except as required by law, and only to the extent so required, none of Greatland Resources Limited, Greatland Gold plc, Bright SaleCo Limited or their respective related bodies corporate or affiliates, or any of each of their securityholders, directors, officers, employees, partners, consultants, contractors, agents or advisers (together, the Beneficiaries) or Merrill Lynch Equities (Australia) Limited, Barrenjoey Markets Pty Limited or Canaccord Genuity (Australia) Limited as financial advisers (Financial Advisers) or their respective Beneficiaries nor any other person, warrants or guarantees the future performance of Greatland Resources Limited or Greatland Gold plc or any return on any investment made pursuant to this announcement. The Financial Advisers have not authorised, permitted or caused the issue, lodgment, dispatch or provision of this announcement and do not make or purport to make any statement in it and there is no statement in this announcement which is based on any statement by a Financial Adviser. The Financial Advisers and their respective Beneficiaries, to the maximum extent permitted by law, expressly disclaim all liabilities in respect of, make no representation regarding, and take no responsibility for, any part of this announcement and make no representation or warranty (express or implied) as to the currency, accuracy, reliability, reasonableness or completeness of this announcement.
This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, or into or within the United States or any other jurisdiction where, or to any other person to whom, to do so might constitute a violation or breach of any applicable law or regulation.
The Offer has not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or under the applicable state securities laws of the United States and may not be offered or sold directly or indirectly in or into the United States. The Offer is being offered and sold only in "offshore transactions" as defined in, and in reliance on, Regulation S under the Securities Act. There will be no public offer of securities in Greatland Resources Limited in the United States.
This announcement does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Greatland Resources Limited nor shall any part of it or the fact of its distribution form part of or be relied upon in connection with any contract or investment decision relating thereto. This document does not constitute a recommendation regarding the securities of Greatland Resources Limited. The Australian Offering of securities in Greatland Resources Limited is made under the prospectus dated 30 May 2025 (which is a replacement prospectus, replacing the prospectus dated 23 May 2025) ("Prospectus") by Greatland Resources Limited and Bright SaleCo Limited. A copy of the Prospectus can be obtained from www.greatland.com.au by persons who are eligible to receive a copy of the Prospectus. The Prospectus should be considered by potential investors in deciding whether to acquire securities in Greatland Resources Limited. Anyone who wants to acquire securities in Greatland Resources Limited will need to complete the application form accompanying the Prospectus, or otherwise apply for securities in the manner contemplated in the Prospectus.